Misuse of Property Sample Clauses

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Misuse of Property. In the event that Entity shall use or attempt to use the Facility for any purpose other than that specified in Section 1.2(a), or in the event that Entity shall in any other respect fail to observe and fulfill its agreements herein contained, or if any use or proposed use of the said Facility shall, in the reasonable judgment of University, be in any way contrary to law or adverse to the academic objectives or the polices of University, or otherwise improper or detrimental to the reputation of University, then University without notice to Entity shall have the right, at its option, to cancel this Agreement and take immediate possession of the Facility and all rights of Entity shall thereupon terminate.
Misuse of Property. Notwithstanding any provision in this Lease to the contrary, if any part of the Project is damaged or destroyed or should any defect in the Property or Project arise through the negligence of or misuse by Tenant or Tenant's Employees, or by anyone permitted by Tenant or Tenant's Employees to be upon the Premises, Tenant shall pay Landlord on demand the expense of repairs or replacements (including a reasonable administration charge), of such defective item or of items so damaged or destroyed, together with interest thereon from the date of expenditure until paid at the reference rate of interest charged by Bank of America National Trust and Savings Association to its most credit-worthy customers in effect as of such date of expenditure (or a substitute rate of a comparable lending institution selected by Landlord if Bank of America National Trust and Savings Association no longer publishes a reference rate).
Misuse of Property. The Sheriff understands that nothing in this document shall authorize the Sheriff or anyone in possession of equipment provided by or purchased through funding provided by the Authorities to negligently use or intentionally damage or destroy such equipment. All parties understand that the Sheriff will be responsible for disciplining any culpable deputy for any intentional loss, damage, or misuse of property purchased through funding provided by the Authorities.
Misuse of Property. In the event that Lessee shall use or attempt to use the Facility for any purpose other than those specified herein, or in the event that Lessee shall in any other respect fail to observe and fulfill its agreements herein contained, or if any use or proposed use of the said Facility shall, in the reasonable judgment of the Lessor, be in any way contrary to law or adverse to the academic objectives or the polices of the Lessor, or otherwise improper or detrimental to the reputation of the Lessor, the Lessor without notice to Lessee shall have the right, at its option, to cancel this Agreement and take immediate possession of the Facility and all rights of Lessee shall thereupon terminate.
Misuse of Property. Employees are expected to use Company property or the property of another person for the purpose in which it was intended.

Related to Misuse of Property

  • Use of Property The Property as defined herein shall be for the sole and exclusive use and occupation by the Tenant(s) and same’s exclusive family namely:

  • Release of Property Except as set forth in this Section 2.6, no repayment or prepayment of all or any portion of the Loan shall cause, give rise to a right to require, or otherwise result in, the release of the Lien of the Mortgage on the Property.

  • Care of Property Buyers shall take good care of the property; shall keep the buildings and other improvements now or later placed on the Real Estate in good and reasonable repair and shall not injure, destroy or remove the property during the term of this contract. Buyers shall not make any material alteration to the Real Estate without the written consent of the Sellers.

  • Lease of Property Landlord, for and in consideration of the covenants and agreements herein contained on the part of Tenant to be paid, kept, observed, and performed, hereby leases to Tenant, and Tenant hereby leases from Landlord for the Term (as hereinafter defined), the Property. Tenant’s use of the Property shall be in compliance with the terms of this Lease.

  • Loss of Property all or a substantial part of the business or assets of any Security Party is destroyed, abandoned, seized, appropriated or forfeited for any reason, and such occurrence in the reasonable opinion of the Agent (acting on the instructions of the Majority Lenders) has or could reasonably be expected to have a Material Adverse Effect; or